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Trustmark Corp Releases Results Of Company-Run Stress Test

June 15th, 2015

Trustmark CorpOn June 15, 2015, Trustmark Corp (NASDAQ:TRMK) released the results of its annual company-run stress tests conducted in accordance with regulations of the Board of Governors of the Federal Reserve System and the OCC under the Read more…

Banking, Material Events

American Express U.S. Card Services Delinquency and Write-off Rate Statistics

June 15th, 2015

American ExpressAmerican Express Company (NYSE:AXP) has furnished delinquency and write-off statistics for the lending portfolio of its U.S. Card Services (“USCS”) operating segment for the months ended March 31, April 30 and May 31, 2015. Read more…

Consumer, Material Events

Johnson & Johnson Appoints New Director

June 10th, 2015

Johnson and JohnsonNew Brunswick, N.J. (June 9, 2015) – Johnson & Johnson (NYSE:JNJ) announced today that its Board of Directors has appointed Mary Beckerle, Ph.D., Chief Executive Officer and Director of Huntsman Cancer Institute at the University of Utah, as a Director of Johnson & Johnson. Read more…

Material Events, Retail

Southwest Airlines Reports May Traffic

June 10th, 2015

SouthWest AirlinesDALLAS, TEXAS – June 9, 2015 – Southwest Airlines Co (NYSE:LUV) announced today that the Company flew 10.2 billion revenue passenger miles (RPMs) in May 2015, an 8.5 percent increase from the 9.4 billion RPMs flown in May 2014. Read more…

Airlines, Material Events

Park-Ohio Holdings Corp. Terminates VP and CFO W. Scott Emerick

June 10th, 2015

Park-Ohio Holdings CorpOn June 4, 2015, Park-Ohio Holdings Corp. (NASDAQ:PKOH) and its operating subsidiary, Park-Ohio Industries, Inc., announced that W. Scott Emerick, Vice President and Chief Financial Officer ceased to be an officer and employee of Holdings and Industries on June 4, 2015. Read more…

Material Events

Stage Stores Inc (NYSE:SSI) Board Member, Gabrielle Greene-Sulzberger Resigns

June 10th, 2015

Stage Stores IncOn June 7, 2015, Gabrielle E. Greene-Sulzberger provided Stage Stores Inc (NYSE:SSI), Inc. with her resignation from the Board of Directors in order that she may devote additional time to pursing other professional opportunities. Read more…

Material Events, Retail

The Redeployment of Asia’s Forex Reserves

June 10th, 2015

Silk roadKoos Jansen:  The New Silk Road initiatives, also known as the “One Belt, One Road” plan, proposed by President Xi Jinping in September 2013, have been joined by over 60 countries and will rebuild and amplify a network of land and sea routes from East Asia to the rest of Asia, Africa and Europe. Read more…

Asia, Banking, China, Federal Reserve, Gold, Markets, World News

Too Many Are Still Getting It Wrong.

June 9th, 2015

Question MarkMichael Noonan:  Americans labor under the misguided belief that they have freedom, and by extension, freedom of choice.  This simply is not true.  Corporations are dictating more and more how Americans live, what to think, what to eat, and more.  Read more…

Banking, Consumer, Economy, Federal Reserve, Gold, Government, Markets, News Of The Weird, Politics, Silver, Stock Market

Pennsylvania Gambles $3 Billion With Taxpayers and Retirees

June 9th, 2015

Gambling:  Haven’t we had enough financial shenanigans for one lifetime? Can’t we at least wait for the next generation of politicians and bankers before we repeat the economic sins of the last decade or so?

Apparently not. Read more…

Banking, Bonds, Economy, Government, News Of The Weird

2 Stupid Fed Tricks That Will Blow Your Mind

June 9th, 2015

Federal ReserveLee Adler:  The Fed thinks that keeping interest rates low spurs inflation. It was probably happy to see the purported uptick in wage inflation in the just released May jobs report. It wants to see wages start rising to create a bit of inflationary pressure. Read more…

Banking, Economy, Federal Reserve, Markets, News Of The Weird, Stock Market

Who’s Next? China Finally Starts Snapping Up Gold Miners

June 9th, 2015

Gold ChinaJohn Rubino:  One (perhaps the only) bright spot in the past few years’ gold market has been Chinese and Indian demand for the metal. Read more…

China, Gold, Markets, Mining / Drilling, Stock Market, Stocks, Today's Top News

Robert Schmertz, Brand Director of Steven Madden Ltd. Resigns

June 8th, 2015

Steven MaddenOn June 4, 2015, Robert Schmertz, the Brand Director of Steven Madden, Ltd. (NASDAQ:SHOO), submitted his resignation of employment to the Company, Read more…

Material Events

MDU Resources Group’s CEO To Retire

June 8th, 2015

MDU Resources GroupOn June 3, 2015, Steven L. Bietz, President and Chief Executive Officer of WBI Holdings, Inc., indirect subsidiary of MDU Resources Group, Inc, notified the Company that he is retiring effective July 17, 2015. Read more…

Material Events, Mining / Drilling

Radical Gold Underinvestment

June 8th, 2015

Gold GlobalAdam Hamilton:  Gold remains deeply out of favor thanks to global central banks’ extreme money printing.  This fueled a global stock-market levitation that has temporarily short-circuited normal market cycles, leaving investors infatuated with stocks to the exclusion of prudent portfolio diversification.  This has left them radically underinvested in gold, which sets the stage for massive mean-reversion buying when they inevitably return. Read more…

Banking, Economy, ETF, Federal Reserve, Gold, Investing, Markets, Precious Metals, Stock Market, Stocks

The Evolution Of The Oil Weapon

June 8th, 2015

Oil BarrelJohn Manfreda:  In the age of derivatives, swaps, and electronic money transfers, a new form of warfare has emerged: financial warfare. Read more…

Crude Oil, Economy, Markets, Mining / Drilling, Oil Wars, Russia, World News

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